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NFTs
Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.
For Universal’s NFT Band, Music Is Second to Brand Identity
Kingship is a little like Gorillaz, but without the musicians.
Sotheby’s to Allow Live Bidding in Ether for Works by Banksy
Auctioneer Oliver Barker will be fielding real-time bids for the famed street artist’s “Trolley Hunters” and “Love Is In The Air.”
This Imprisoned Russian Artist Is Selling NFTs to Support His Family and Fellow Inmates
Pavel Skazkin, aka “Papasweeds,” found a creative outlet, a sense of purpose and a source of income to supplement his meager inmate’s salary, thanks to the NFT market explosion.
Decentralized Search Engine Presearch Integrates With NFT Marketplace OpenSea
Presearch aspires to be a kind of “Google...for the Web 3 era of decentralization.
At Least 77% of NFT Art Sales Going to Male Creators: Study
Gender disparities still run deep in crypto.
Solana-Based GameFi Title Genopets to Partner With Yield Guild Games
The companies are aiming to expand play-to-earn gaming worldwide.
DAO Backed by Deadmau5 to Launch on Multiple Platforms
The initiative is aiming to bring DAO governance to the music industry.
The Social (Token) Network: Rally, Friends With Benefits and the Future of Branding
Music producers and sports stars are monetizing themselves with social tokens. Brands are next, and marketers should take notice.
FATF Publishes Crypto Anti-Money Laundering Guidance
The Financial Action Task Force (FATF) has published its revised guidance for crypto firms, further clarifying the definition of Virtual Asset Service Providers (VASPs), DeFi, stablecoins, and NFTs. Association of Certified Anti-Money Laundering Specialists (ACAMS) Executive Director Rick McDonell discusses the world of crypto and anti-money laundering (AML), breaking down the key points of the recommendations.
